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From
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Extraordinary times need exceptional measures and the outbreak of coronavirus has presented a new challenge, extreme uncertainty leading to massive social and economic issues.
India currently is under lockdown up to May 3, 2020, to break the chain of this virus which has added more pressure on machine tool and the manufacturing sector as well as the economy. In this scenario, it is important for us to stay connected with customers, vendors and peers through various communication channels, keep our morale and confidence level high and spearhead policy advocacy in a focused manner with central and state governments and all other stakeholders.
IMTMA is bringing you information on efforts by countries across the world including India as well as approach by industries to combat the situation. The E-newsletter gives an insight into news, advisories, and notifications from the central and state governments in India and the best practices that Indian and global industries have adopted to combat this pandemic. |
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News
Updates
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Industry associations raise concerns
on salaries, liquidity in meeting with Piyush Goyal (Economic Times, April 29, 2020). |
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India to suffer significant contraction, requires Rs 10 trillion stimulus: Former CEA Arvind Subramanian
(Financial Express, April 29, 2020). |
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Moody's slashes India's real
GDP growth for 2020 to 0.2%
(Business Standard, April 29, 2020). |
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Centre may announce economic
stimulus package once lockdown ends
(Centre for Monitoring Indian Economy,
April 30, 2020) |
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Auto part makers seek increase in working capital limits and wage support to kickstart operations
(Economic Times Auto, April 30, 2020). |
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Volkswagen, Toyota delay US auto
production restart, citing supplier concerns
(Economic Times Auto, April 30, 2020). |
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MSMEs asks govt to fine-tune reboot rules
(Economic Times Auto, April 30, 2020). |
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Government charts plan to boost FDI flows
(Economic Times Auto, April 30, 2020). |
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Digital car sales: Coronavirus
pushes auto market into new territory
(Economic Times Auto, April 30, 2020). |
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Auto industry divided over
just-in-time concept of vehicle retailing
(Economic Times Auto, April 30, 2020). |
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Union Minister Javadekar meets auto industry captains, takes suggestions on rebooting industry
(Economic Times Auto, April 30, 2020). |
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Resumption of operations still a challenge
for auto sector: Ashok Leyland MD
(Economic Times Auto, April 30, 2020). |
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To attract foreign business,
Uttar Pradesh may opt for labour reforms
(Economic Times Auto, April 30, 2020) |
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Haryana bans purchase of new vehicles
except for public transport, emergency use
(Economic Times Auto, April 30, 2020). |
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Covid impact: Production delay
set to hit auto sector's festive sales
(Economic Times Auto, May 1, 2020). |
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COVID-19 might force auto dealers to look for new biz models, some face 'existential crisis': FADA
(Economic Times Auto, May 1, 2020). |
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Central Government Advisories
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Ministry of Micro, Small and Medium Enterprises, Government of India
Portal on MSME Bank of Ideas, Innovation and Research to prove of great transformational importance for existing and aspiring Micro, Small and Medium enterprises. Read More |
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Department of Science and Technology, Ministry of Science and Technology, Government of India
Launch of programme on health and risk communication with focus on Covid-19, by Department of Science and Technology. Read More |
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Ministry of Home Affairs, Government of India
Home Ministry has allowed the movement of migrant workers, pilgrims, tourists, students and others stranded at various locations subject to fulfilment of certain conditions. All persons will be medically screened at source and destination. Read More |
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Ministry of Jal Shakti
Jal Shakti is all set to combat the present health crisis and give a boost to the rural economy through its various components. This year owing to the Covid-19 emergency, and availability of large labour force in rural areas, the Abhiyan has started gearing up for the impending monsoon. Read More |
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National Best Practices |
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Central Mechanical Engineering Research Institute
Durgapur-based CSIR lab, Central Mechanical Engineering Research Institute has developed a new friend to fight Covid-19. The robotic device HCARDcan help frontline healthcare workers in maintaining physical distance from those infected by coronavirus. Read More |
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BMW India
BMW Group India has announced special services for doctors. The German luxury carmaker has said that it will offer a complimentary engine oil service for the doctors who own a BMW or MINI car or a BMW Motorrad bike. Read More |
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Volkswagen India
Volkswagen India announced that it is digitizing the sales and service portfolio, wherein it has integrated 137 sales and 116 service touchpoints in the process. Read More |
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Kinetic Green Energy
Electric vehicle manufacturer Kinetic Green Energy and Power Solutions Limited has launched a range of vehicles for disinfecting the indoor and outdoor areas to fight against the Covid-19 pandemic. Read More |
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Agartala Smart City
Agartala Smart City has designed and handed over a Mobile COVID-19 sample collection kiosk to city’s Chief Medical Officer (CMO). The kiosk ensures protection to the sample collecting doctor & prevents wastage of personal protection equipment (PPE). This initiative is a major step by Agartala in the fight against Covid-19. Read More |
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Ministry of Science and Technology
CSIR-Central Scientific Instruments Organisation (CSIR-CSIO), Chandigarh, has designed and developed an innovative technology for effective disinfection and sanitization to fight with corona pandemic. CSIR-CSIO has transferred this technology to a Nagpur-based company, Rite Water Solutions Pvt. Ltd., for commercialization and large-scale production. This technology has been found very efficient and effective to stop the spread of coronavirus and pathogens, say CSIR-CSIO scientists. Read More |
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Mavox Helmets
Mavox Helmets, wing of Sandhar Amkin Industries Pvt Ltd has announced the launch of protective face shields for frontline corona warriors. Read More |
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Reckitt Benckiser
As the makers of Lysol, Dettol and Sagrotan, the company is ramping its supply and production of hand sanitizers and soaps to ensure access and availability for consumers, especially to meet the strong and urgent need for sanitizing and germ-kill products. Read More |
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Global Best Practices |
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German Auto Industry
The German car industry is readying proposals for a new cash-for-clunkers program to counter a sales slump that risks choking off production restarts at factories across Europe’s biggest economy. Read More |
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Audi
Audi will use virtual experience marketplace for e-tron Sportback. Visitors of the social VR-event will move through the virtual space called "Para-real Tokyo" as 3D characters and interact with each other. If they touch the vehicle, they are guided to a virtual Audi booth which is a digital recreation of the “Audi Meteorite”, e-tron experience facility installed physically at Munich Airport. Read More |
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Continental
Continental has manufactured hoses which were needed in Bergamo and the Lombardy region’s medical sector at the company’s Italian site in Daverio, Italy. These hoses were specially produced by for tense Italian healthcare sector. Read More |
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Inter-American Development Bank
The Inter-American Development Bank, through the Connect Americas business platform has launched an interactive map that allows to quickly locate and find suppliers of goods and services in Latin America and the Caribbean, and the rest of the world, to face the pandemic of Covid-19. Read More |
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Government of Republic of Paraguay
As part of the RindiendoCuentas initiative, the Government of the Republic of Paraguay has officially launched the Investment Map + Module COVID-19 platform. This platform is a technological data visualization tool that will provide detailed information on the destination and use of available public resources mobilized to face the coronavirus crisis. Read More |
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Avaya
The company has provided ‘Avaya Spaces’ collaboration software free with no obligation to education institutions and eligible non-profit organizations worldwide where important communication between student-parents-teachers can be conducted. The company has also offered complementary ‘Avaya remote agent solutions’ for organizations to alleviate safety concerns without compromising the customer experience. Read More |
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Shanghai Commission of Economy and Informatization
Shanghai recently issued its plan to promote development of the online economy, focusing on 12 key aspects such as unmanned factories, industrial Internet, remote work, online finance and digital entertainment. Read More |
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Facebook
Facebook is offering USD 100M in cash grants and ad credits for up to 30000 eligible small businesses. Read More |
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Online Training Programmes |
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IMTMA Covid-19 Policy Advocacy |
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IMTMA Covid-19 Help Desk |
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IMTMA has set up a section on Covid-19 Policy Advocacy, relevant Notifications, Press notes, Orders and Circulars issued by the Central and State governments, and the Reserve Bank of India are published on the page |
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IMTMA is pleased to announce formation of “COVID-19 IMTMA Help Desk” for proactively addressing the concerns of Members, specifically related to COVID-19 Government Policies, Financial and Regulatory issues. Members may send their queries by clicking on “COVID-19 IMTMA Help Desk” button in IMTMA homepage www.imtma.in and filling-up the query form |
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Published by Indian Machine Tool Manufacturers'
Association (IMTMA), Bangalore International Exhibition Centre (BIEC),
10th Mile, Tumkur Road, Madavara Post, Bangalore - 562 123. Tel.: +91 80
6624 6600 Fax: +91 80 6624 6661 E-mail: imtma@imtma.in
Web: www.imtma.in
Disclaimer: The content and figures shown in the newsletter have been taken from different websites and IMTMA does not take responsibility for the accuracy of the same.
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